Posted On: 02/19/2015 8:38:48 PM
Post# of 30035
I am not too thrilled with the Maxim Group. What exactly are their intentions or involvement as market makers? The MAXM MMID (Maxim Group) is who had the perpetual 5,000 share sell order at .10 cents the day that 30m volume couldn't penetrate it. I would love to know exactly what they are doing or what they are being told to do. I haven't looked in a bit, but I would bet dollars to donuts that the 5,000 shares sell is still probably sitting there at .10 cents daily. Also, if you have level 2 check it out. The days that AMBS is trading above the daily volume but seems like it constantly hits a wall, it is usually the MAXM MMID that is creating the ceiling. Also, a month or two ago people were reporting getting phone calls from "The Maxim Group". My guess is their information was gathered from registering for presentations or CCs. Their intentions seem very shady to me at best. The only legitimate thing I can think of is Amarantus is diluting through them, but I am not going to even pretend that I know how that works.
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